The COVID-19 pandemic has had a negative impact on the UK gardening tools market and is expected to continue to do so. The COVID-19 pandemic and the resulting economic uncertainty harmed the UK gardening tools market in most geographies and across a wide range of customers. In response to COVID-19, governments worldwide have implemented measures such as travel bans, business closures, bans on group events and gatherings, shelter-in-place orders, curfews, and recommendations to practice social distancing. These restrictions have weakened activity and forced the temporary closure of manufacturing facilities.
UK gardening tools market players in the global UK gardening tools market include Fiskars Group (Finland), Husqvarna AB (Sweden), Falcon Garden Tools Pvt Ltd. (India), Ribe Energy Machinery SL (Spain), ILAGA Supplies (Spain), Stanley Black & Decker, Inc. (US), Ingersoll Tillage Group, Inc. (Canada), Bully Tools, Inc. (US), Zenport Industries (US), and Griffon Corporation Inc. (US).
Market segmentation:
The Global UK gardening tools market is segmented based on product type, end-use, tool holder and distribution channel.
According to the product type:
- Chain Saw
- Lawn Mowers
- Vacuums & Sweepers
- Blowers
- Striking & Digging Tools
- Pruning Tools
- Others
According to the end-use:
- Residential
- Commercial
According to the tool holder:
- Hand Tools
- Engine Tools
According to the distribution channel:
- Non-Store-Based
- Store-Based
The UK gardening tools market size is expected to reach $112.09 billion by 2027, growing at a CAGR of 4.51% between 2020 and 2027.
Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the concerning individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
Regional analysis:
The Global UK gardening tools market is divided into North America, Asia-Pacific, Europe, and the Rest of the World.
North America had the largest UK gardening tools market share in 2020. During the forecast period, the regional market is expected to expand at a CAGR of 4.10%. North America dominates the market share with the growing demand for gardening tools. Industry players are making acquisitions to expand their product portfolios. As a result, the major factors expected to propel the UK gardening tools market in North America are geographic and political changes, demographic suitability, and the deployment of advanced technology.
Europe contributes significantly by increasing community participation in green spaces and landscaping expenditures. Increased emphasis on product development and R&D by industry players to gain market share will aid market growth. Furthermore, with technological advancements, rising disposable income in the region, and an aging population spending more time in gardens, sales of gardening tools will skyrocket during the review period
Recent developments:
In August 2019, Stanley Black & Decker acquired the remaining 80 percent ownership stake in MTD Holdings Inc. The acquisition is aimed to increase the presence and manufacturing capacities of the company.
UK gardening tools market Highlights:
UK gardening tools market Size UK gardening tools market Trends
UK gardening tools market Analysis
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